Increase in usage of robots to increase efficiency in packaging, need for automation in industries, and cost reduction advantages due to robotic packaging systems drive the packaging robots market growth. Further, the evolving global robot industry and growth in e-commerce and retail sector acts as an opportunity towards the packaging robots market growth. However, high initial cost and lack of skilled labor is expected to restrain the packaging robots market.
The global packaging robots market is segmented into gripper type, application, end user, and geography. Based on gripper type, the packaging robots market is divided into clamp, claw, vacuum, and others. Based on application, the market is classified into picking & placing, packing and palletizing. The packing application is further segmented into tray packing, case packing, filling, and others while palletizing includes bag palletizing, case palletizing and de-palletizing. By end user, the market is categorized into food & beverage, consumer products, logistics, pharmaceutical, and others. The food & beverage industry generated the highest revenue in 2016 owing to high adoption of robots for packing high orders. Geographically, the packaging robots industry is analyzed across regions namely North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the fastest growing region with China accounting for the highest share.
Key players operating in the packaging robots market include ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, and Remtec Automation LLC.
Other players operating in the packaging robots market are GUANGZHOU RISONG INTELLIGENT TECHNOLOGY HOLDING (CN), Brokk AB (SE), Durr Systems, Amada Co Ltd., FIPA GmbH, Kejie Group, Star Seiki Co, Ylog GmbH, Weiss Robotics, and Suzhou GST Technology.
This report provides an in-depth analysis of the global packaging robots market to identify the potential investment pockets.
It outlines the current trends and future scenarios to determine the overall market potential and gain stronger market foothold.
Key drivers, restraints, and opportunities along with their detailed impact analysis have been elucidated.
Quantitative analysis of the market for the period of 2016-2023 are highlighted to recognize the financial competency of the market.
Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, strength of the buyers, and strength of suppliers.
KEY MARKET SEGMENTATION
BY GRIPPER TYPE
Pick & place
BY END USER
Food & beverage
Rest of Europe
Rest of Asia-Pacific
Schneider Electric SE
Yaskawa America Inc.
Mitsubishi Electric Corporation
Bosch Packaging Technology (Robert Bosch GmbH)
Kuka Roboter GmbH
Remtec Automation LLC.
OTHER PLAYERS IN THE REPORT
GUANGZHOU RISONG INTELLIGENT TECHNOLOGY HOLDING (CN)
Brokk AB (SE)
Amada Co Ltd.
Star Seiki Co
Suzhou GST Technology
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Degree of competition
3.3.5. Threat of new entrants
3.4. MARKET SHARE ANALYSIS, 2015
3.5. MARKET DYNAMICS
18.104.22.168. Increase in usage of robots to increase efficiency in packaging
22.214.171.124. Increase in need for automation in industries
126.96.36.199. Cost reduction advantages due to robotic packaging systems
188.8.131.52. High initial cost
184.108.40.206. Lack of skilled labor in developing economies
220.127.116.11. Growth in e-commerce and retail industry
18.104.22.168. Evolving global robotics industry
CHAPTER 4 PACKAGING ROBOTS MARKET, BY GRIPPER TYPE
4.1.1. Market size and forecast
4.2.1. Key market trends
4.2.2. Key drivers and opportunities
4.2.3. Market size and forecast
4.3.1. Key market trends
4.3.2. Key drivers and opportunities
4.3.3. Market size and forecast
4.4.1. Key market trends
4.4.2. Key drivers and opportunities
4.4.3. Market size and forecast
4.5.1. Key market trends
4.5.2. Key drivers and opportunities
4.5.3. Market size and forecast
CHAPTER 5 PACKAGING ROBOTS MARKET , BY APPLICATION
5.1.1. Market size and forecast
5.2. PICKING & PLACING
5.2.1. Key market trends
5.2.2. Key drivers and opportunities
5.2.3. Market size and forecast
5.3.1. Key market trends
22.214.171.124. Tray packing
126.96.36.199. Case packing
188.8.131.52. Others (bagging and cartoning)
5.3.2. Key drivers and opportunities
5.3.3. Market size & forecast
5.4.1. Key market trends
184.108.40.206. Case palletizing
220.127.116.11. Bag palletizing
5.4.2. Key drivers and opportunities
5.4.3. Market size & forecast
CHAPTER 6 PACKAGING ROBOTS MARKET , BY END USER
6.1.1. Market size and forecast
6.2. FOOD & BEVERAGE
6.2.1. Key market trends
6.2.2. Key drivers and opportunities
6.2.3. Market size and forecast
6.3.1. Key market trends
6.3.2. Key drivers and opportunities
6.3.3. Market size and forecast
6.4. CONSUMER PRODUCTS
6.4.1. Key market trends
6.4.2. Key drivers and opportunities
6.4.3. Market size and forecast
6.5.1. Key market trends
6.5.2. Key drivers and opportunities
6.5.3. Market size and forecast
6.6.1. Key market trends
6.6.2. Key drivers and opportunities
6.6.3. Market size and forecast
CHAPTER 7 PACKAGING ROBOTS MARKET BY GEOGRAPHY
7.1.1. Market size and forecast
7.2. NORTH AMERICA
7.2.1. Key market trends
7.2.2. Key drivers and opportunities
7.2.3. Market size and forecast
7.3.1. Key market trends
7.3.2. Key drivers and opportunities
7.3.3. Market size and forecast
18.104.22.168. Rest of Europe
7.4.1. Key market trends
7.4.2. Key drivers and opportunities
7.4.3. Market size and forecast
22.214.171.124. Rest of Asia-Pacific
7.5.1. Key market trends
7.5.2. Key drivers and opportunities
7.5.3. Market size and forecast
126.96.36.199. Latin America
188.8.131.52. Middle East
CHAPTER 8 COMPANY PROFILES
8.1. ABB LIMITED
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves & developments, 2016
8.2. KRONES AG
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Business performance
8.2.5. Key strategic moves & developments, 2017
8.3. FANUC CORPORATION
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Business performance
8.3.4. Key strategic moves & developments, 2017
8.3.5. Key strategic moves & developments, 2016
8.4. SCHNEIDER ELECTRIC SE
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Business performance
8.4.5. Key strategic moves & developments, 2017
8.5. MITSUBISHI ELECTRIC CORPORATION
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves & development, 2016
8.6. YASKAWA AMERICA INC.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves & developments, 2016
8.7. BOSCH PACKAGING TECHNOLOGY (ROBERT BOSCH GMBH)
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves & developments, 2016
8.8. BRENTON ENGINEERING
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves & development, 2016
8.9. KUKA ROBOTER GMBH
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance
8.9.5. Key strategic moves & development, 2016
8.10. REMTEC AUTOMATION LLC
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Business performance
8.10.5. Key strategic moves & developments, 2016-2017
Increased demand of robots for increased packaging efficiency, improved supply chain process, rising need for automation in industries, and reduced operational costs drive the growth of the global packaging robots market. In addition, the growth of the global robotic industry and continuous growth in e-commerce and retail sector is projected to create lucrative opportunities for the global packaging robots market. However, high installation costs, heavy capital investment, and shortage of skilled labor hamper the packaging robots market growth.
Packing applications dominated the packaging robots market in 2016 and case packing accounted for the maximum share, constituting around 48% in 2016. Side loading case packing machines have witnessed significant adoption in the packaging industry as it is equipped with horizontal carton magazine for easy loading. However, bagging and cartoning is expected to exhibit the fastest growth rate because cartoning machines to ensure eradication of manual labor and make the whole automated packaging process quite efficient.
Pick & place robots gained popularity and are anticipated to grow the fastest during the forecast period. The pick & place robot systems are flexible and can be easily programed. In addition, these systems improve product quality and cycle time because of consistent processing. Hence, these robotic systems are projected to grow at a CAGR of 11.4% by 2023.
Among the major industry verticals, the packaging robots find widespread usage in food & beverage industry, which accounted for more than 35% share in 2016 owing to increased order volume of fresh food & beverage products. This segment is estimated to witness significant growth during the forecast period due to improving production processes, lowering labor intensity, and timely delivery of materials.
Asia-Pacific region accounted for the maximum market share in packaging robots industry 2016, and is expected to maintain its lead throughout the forecast period. This is attributed to heavy investment by consumer products and food & beverage industry players in automation. LAMEA region exhibited significant growth due to increased demand of production from consumer markets. Especially, emerging countries such as Brazil facilitates the market growth.
Key Findings of the Packaging Robots Market:
In 2016, packing application accounted for the maximum market revenue, and is projected to grow at a CAGR of 9.2 % during the forecast period.
Tray packing, one of the key packing applications in global packaging robots market is expected to grow at a significant CAGR of 12.4%, owing to increased demand for product handling systems.
Pharmaceutical industry is the fastest growing industry vertical owing to rise in demand for preservation, protection, and safe handling of drugs.
China is the major shareholder in the Asia-Pacific packaging robots industry, accounting for around 45.6% share in 2016.
The key players in the packaging robots market focus to expand their business operations in the emerging countries by adopting various strategies, such as acquisition and contact/agreement. The major players profiled in this report include ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, and Remtec Automation LLC.
- ABB Limited
- Krones AG
- Fanuc Corporation
- Schneider Electric SE
- Yaskawa America Inc.
- Mitsubishi Electric Corporation
- Bosch Packaging Technology (Robert Bosch GmbH)
- Brenton Engineering
- Kuka Roboter GmbH
- Remtec Automation LLC.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
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- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
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